Energix Renewable Energies Ltd. is a power producer specializing in

renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...

, currently active mainly in the field of

Photovoltaics Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commerciall ...

and

Wind power Wind power is the use of wind energy to generate useful work. Historically, wind power was used by sails, windmills and windpumps, but today it is mostly used to generate electricity. This article deals only with wind power for electricity ge ...

. Energix is a public company traded in the

Tel Aviv Stock Exchange The Tel Aviv Stock Exchange (TASE; ), colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019. It is regulated by the ''Securities Law (1968)'' a ...

since May 2011 (). Energix is owned (72%) by Alony Hetz Properties and Investments Ltd. (TASE: "ALHE”), one of the largest real-estate investment group in

Israel Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Isr ...

History

Energix was founded in 2009 as a fully owned subsidiary of Amot Investments Ltd. (TASE: "AMOT”), the Israeli real estate subsidiary of Alony Hetz, under the name of Amot Energy Ltd. Energix made its first steps by installing "small scaled" (50 KWp) roof-top PV systems on industrial parks buildings owned by Amot industrial parks. In 2010, Energix began developing "medium scaled" projects both on assets owned by Amot as well as through assets owned by its partnership it established with the Granot group. In December 2014, after an 11 month construction period, Energix has connected the

Neot Hovav Ramat Hovav (), new official name Ne'ot Hovav (), is an industrial zone in southern Israel and the site of Israel's main hazardous waste disposal facility. Ramat Hovav Industrial Zone is the locus of 19 chemical factories, including Makhteshim ...

37.5 MWp solar park. It was the first and largest Grid Connected PV Solar Park in Israel. In December 2015, Energix completed the construction of a

wind farm A wind farm, also called a wind park or wind power plant, is a group of wind turbines in the same location used to produce electricity. Wind farms vary in size from a small number of turbines to several hundred wind turbines covering an exten ...

with a capacity of 50 MW in

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...

. It is the first stage out of a total capacity of 192 MW. Energix is the winner of "The most Innovative Renewable Energy Company Award" for 2015 of The New Economy Magazine. It is the first Israeli company to win an award in the magazine. Energix' involvement in a project involves financing, gathering regulatory approval, subcontractor management and upon completion of the project, ownership, maintenance and operations of the site. Energix is located in the

Moshe Aviv Tower Moshe Aviv Tower () is a skyscraper located in the demarcated area of the Diamond Exchange District (Israel Diamond Exchange) on Jabotinsky Road (No. 7) in the Tel Aviv District city of Ramat Gan, Israel. The 68-story building is commonly known ...

Ramat Gan Ramat Gan (, ) is a city in the Tel Aviv District of Israel, located east of the municipality of Tel Aviv, and is part of the Gush Dan, Gush Dan metropolitan area. It is home to a Diamond Exchange District (one of the world's major diamond exch ...

, and currently employs around 25 employees.

Criticism

Involvement in Israeli settlements

On 12 February 2020, the

United Nations The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and internationa ...

published a

database In computing, a database is an organized collection of data or a type of data store based on the use of a database management system (DBMS), the software that interacts with end users, applications, and the database itself to capture and a ...

of 112 companies helping to further

Israeli settlement Israeli settlements, also called Israeli colonies, are the civilian communities built by Israel throughout the Israeli-occupied territories. They are populated by Israeli citizens, almost exclusively of Israeli Jews, Jewish identity or ethni ...

activity in the

West Bank The West Bank is located on the western bank of the Jordan River and is the larger of the two Palestinian territories (the other being the Gaza Strip) that make up the State of Palestine. A landlocked territory near the coast of the Mediter ...

, including

East Jerusalem East Jerusalem (, ; , ) is the portion of Jerusalem that was Jordanian annexation of the West Bank, held by Jordan after the 1948 Arab–Israeli War, as opposed to West Jerusalem, which was held by Israel. Captured and occupied in 1967, th ...

, as well as in the occupied

Golan Heights The Golan Heights, or simply the Golan, is a basaltic plateau at the southwest corner of Syria. It is bordered by the Yarmouk River in the south, the Sea of Galilee and Hula Valley in the west, the Anti-Lebanon mountains with Mount Hermon in t ...

. These settlements are considered illegal under international law. Energix was listed on the database on account of its "use of natural resources, in particular water and land, for business purposes" in these occupied territories. On 5 July 2021,

Norway Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of ...

's largest pension fund KLP said it would divest from Energix together with 15 other business entities implicated in the UN report for their links to Israeli settlements in the occupied West Bank. Energix Renewable Energies stated that, as of June 2021, it had divested from its activities in the West Bank.

References

External links

Energix Renewable Energies Ltd. Company WebsiteEnergix IPO from 2011Energix Neot Hovav Solar Farm InitiationEnergix Neot Hovav Solar Farm Completion

Wind Farm in PolandThe New Economy Award for 2015, Energix is found under the Cleantech CategoryAn article about Energix in The 2015 Winter Edition of The New Economy can be found on page 66/ Energix's Wind Farms mentioned in Israel's Oil & Gas Industry Newsletter provided by the United States of America Department of Commerce/ Tech Nation Energix Buys Polish Wind Farm Project
{{Energy in Israel Renewable energy economics Energy companies established in 2009 Renewable resource companies established in 2009 Israeli companies established in 2009 Companies listed on the Tel Aviv Stock Exchange Companies in the TA-35 Index Electric power companies of Israel Companies based in Ramat Gan

History

Criticism

Involvement in Israeli settlements

See also

References

External links